The Latest Breaking News from Janet Yellen

Yellen to visit China this week as Biden seeks to improve ties

The treasury secretary will aim to improve communication on economic issues.

Axios · Jul 3, 2023

Yellen addresses Essence Festival crowd, discusses economy, efforts to enfold minority communities

U.S. Treasury Secretary Janet Yellen on Friday says the Biden administration's racial equity work is not just the morally right thing to do but also is in the country’s best economic interests

The Independent UK · Jul 1, 2023

Yellen makes academic case for "Bidenonomics"

She's also enlisting the support of business leaders to prove that the economic is resilient.

Axios · Jun 30, 2023

Paris climate finance summit fails to deliver debt forgiveness plan

Countries in debt distress thrown financial lifeline but critics say measures fall short of what is needed

The Guardian - UK · Jun 23, 2023

Rich nations pledge to unlock hundreds of billions for climate fight

Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for low-income economies by taking on more risk, a move that may require wealthy nations to inject more cash, world leaders said on Friday.

Radio France Internationale · Jun 23, 2023

Yellen says it's 'critical' to maintain U.S.-China ties after Biden's 'dictator' remarks

U.S. Treasury Secretary Janet Yellen says it’s “critical” the U.S. and China maintain a relationship so they can “work together” on global challenges

The Independent UK · Jun 22, 2023

Paris climate summit opens with call for ‘finance shock’

PARIS: French President Emmanuel Macron told global leaders Thursday that no country should have to choose between tackling poverty and dealing with climate change at a summit tasked with reimagining the world’s financial system.

Bangkok Post · Jun 22, 2023

Paris summit aims to shake up the financial system. It will test leaders' resolve on climate

Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate

The Independent UK · Jun 21, 2023

Commentary: By the treasury secretary’s own definition, we’re back in recession

Last month, the Department of Commerce released troubling data on the anemic economy, showing that gross domestic income (GDI) shrank in the previous six months. That’s no surprise to half of Americans who believe we’re currently in a recession, but the data refute President Joe Biden’s claim that the economy…

Tribune News Service · Jun 15, 2023

SEC lawsuits against cryptocurrency companies raise questions about industry's future

Two recent lawsuits filed by the U.S. Securities and Exchange Commission against the world’s biggest cryptocurrency exchanges have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns

The Independent UK · Jun 11, 2023